Americans Reset 2026 Money Goals

Saving more and reducing frivolous spending are top priorities as households face higher costs.

Published on Feb. 21, 2026

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According to a report from FOX Business correspondent Kelly Saberi, Americans are setting clear goals to save more and cut unnecessary spending in 2026 as they face tighter budgets due to higher everyday costs. The trend is seen across the country, from downtown Chicago to the suburbs, as people aim to rebuild savings and trim nonessential purchases.

Why it matters

Household priorities tend to swing with the economy, and after the pandemic, many Americans saw their savings dwindle while credit card balances grew. With rising borrowing costs adding pressure, saving more has become a necessity for financial stability rather than just a nice idea.

The details

The top money-saving tactics people plan to use include dining out less, trimming subscriptions, delaying gadget upgrades, and switching to store brands. Some are also turning to cash envelopes and setting app alerts to curb overspending. Financial experts advise starting with a short checklist that prioritizes building emergency savings and paying down high-interest debt before focusing on growth.

  • In 2023 and 2024, the U.S. personal saving rate hovered near the low single digits, according to Federal Reserve data.

The players

Kelly Saberi

A FOX Business correspondent reporting from Chicago.

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What they’re saying

“Saving more and reducing frivolous spending.”

— Kelly Saberi, FOX Business correspondent (FOX Business)

What’s next

Watch for updated savings rates, card balance trends, and employer match usage as the year unfolds to see if these resolutions stick or fade.

The takeaway

Americans want firmer financial footing in 2026, and the playbook is straightforward: set a savings goal, automate transfers, trim nonessential expenses, and let time build up the cushion.